Last and final hurdle exit

Nifty 3500-3525

Thereafter target 3650 - 3800 or even higher

Buy on dips is a best strategy with

consider support 3350

NIFTY FUTURE + BANK NIFTY +CNX IT

Nifty future :

Watch out the major support 3421

(Yesterday U turn and days high 3520)

Today...........

Resistance 3516, 3540, down side support 3420, 3391, lower level buying opportunity.

Bank Nifty :

As remain hold 4600-4650.. looks positive, decline to buying opportunity. Laxman Rekha are 5225.. Close above over all buying in Front line stocks of Banks.

NIFTY :

NIFTY:
Key trend decider of this week are 3421. Over all trading of the Nifty are 3250 to 3500 and traders buy on dip with consider stop loss 3250 on closing basis. On break out of 3500 will momentum in the market and likely test 3636 and 3690 or even higher up to 3825 mark. As long as overseas cues remain positive, Nifty continue in up ward journey and we expect that more and more short covering before the FO expiry.

Today Support 3430, 3400, below further weakness and likely test 3350.. higher level resistance 3475 hold this level it will test 3525. Lower level buying opportunity.

Short Term Trend : Up and waiting breakout
Next Target : 3636
Trend Reversal : 3300-3250

BSE:

BSE: 
Key trend decider of this week are 11136.
After a peak of 21206 strong recovery /rally from the level of 8047. Resistance zone of this rally nearly 11800. if cross successfully this level more up side and likely test12500- 13000 mark Medium and Short term trend is still up as remain hold 10200-10000 mark, close below will take some problem for bulls.

Today As long as hold yesterday low 11176 and 11070, up move continue. Crossover 11492 and hold this level short term target 11800-12000 mark.

Short Term Trend : Another break out on the card.
Next Target : 11850-12000
Trend Reversal : 10720-10200

CNX IT

Key trend decider 2597......As remain hold 2500 mark over all positive

Short Term Trend : Up but overbought
Next Target : 2722
Trend Reversal : 2407

BANK NIFTY:
.

Key Trend Decider 5012. Decline to buy as consider support 4700-4600. Close above 5200 bull will charge and move in the rage of 5700-5800 range.

Short Term Trend : Up and more up side
Next Target : 5500
Trend Reversal : Close below 4600

DOW :

After a sharp down ward jerk, strong movement were seen in Dow and recovered to end with a mild loss. Presently small trading range between 755 to 8100 and struggling to find direction in either side. A break out of this range should set the intermediate term direction for this index and rest of the global equity indices too. Close above 8100 heading towards 9000 + in short term

Short Term Trend : Up and waiting breakout
Next Target : 8500
Trend Reversal : Close below 7500

RELIANCE:

Key level of the week are 1762... Over all in bullish trend as a remain hold 1600 mark Hold 1600, target 2000 + Today consider support 1750 and resistance 1810. crossover bull will charge

NTPC:

Trend Decider 189.......Keep a stop loss 185 and play for long side.. above 195 it will show more power and added in your long position.

IBREAL

Trend
Decider of this week are 141........ Now down side support 125, 120, hold this level strong bounce back on the card....

BALRAMPURCHINI

Trend Decider of this week are 71.50 Trading range of this week are 68 and 73... below 68 selling opportunity, buy above 73.

TISCO:Trend Decider of this week are 256.
Below 240 negative and down side target 210. Close above 300, non stop target 341, 360. Below 250,down side target 245, 241, higher level it will face resistance 270-273.......  

BANK OF BARODA:

Keep a stop loss 295 for long position target 340 mark.

ONGC:

Key level of this week are 858.. down side support support 840, 820 mark, crossover 868 fantastic up move on the card and it will test 900, 920 mark. Failure to move above resistance level 920, will take negative view and selling opportunity.